Dr Nick

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About Dr Nick

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Teaching Since: May 2017
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  • MBA (IT), PHD
    Kaplan University
    Apr-2009 - Mar-2014

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  • Professor
    University of Santo Tomas
    Aug-2006 - Present

Category > Business & Finance Posted 20 Jul 2017 My Price 15.00

television/electronic media player

Your company has decided to produce a new line of television/electronic media player. You estimate that your company will sell 51,000 per year, and that this product will sell for $750 each. The plant and equipment (new fixed assets) needed to manufacture this product costs $22,400,000 and will be depreciated on a straight-line basis over the seven year project. Additional manufacturing costs to produce the media players would total $16,980,000 each year. The tax rate is 40%. Sketch a simplified income statement and calculate the firm’s operating cash flow.

 

Answers

(4)
Status NEW Posted 20 Jul 2017 02:07 AM My Price 15.00

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